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ARTICLES TAGGED WITH "Norway"

Norwegian oil fund passes NOK 18,000 billion in value - this is its real estate holdings

Norway Norway — The Norwegian oil fund breaks records and now has a value of over NOK 18,000 billion, this after closing 2023 with a value of NOK 15,765 billion. Nordic Property News has taken a look at the fund's holdings in Nordic listed real estate companies and here you can read how the ownership looks after half of 2024. Among other things, the fund has entered into several large Swedish construction companies since the turn of the year.

The top transactions in Norway during 2023

Norway Norway — The transaction market was slow in the Nordics during 2023, but a number of big deals were still made. With the help of figures from Colliers Nordics, Nordic Property News presents the largest transactions made in Norway during 2023.

Norwegian hotel operator wants to build the world's tallest wooden house

Sweden Sweden — The company AB Invest wants to build a 40-storey wooden office building in Kista in Stockholm – that would make it the world's tallest wooden building. Nordic Property News reveals more about the ambitious project and its contents.

Croisette looks towards Norway after Knight Frank's entry

Nordic — After Croisette last month launched its new partnership with global property advisor Knight Frank, it has been given yet another reason to try to expand operations to the only Nordic country where Croisette does not yet have any operations – Norway. For Nordic Property News, CEO Per Svensson shares more information about the Norwegian ambition, what type of business they want to establish there and how they aim to use the collaboration with Knight Frank to advance in the market.

This Is Where Sweden and Norway Are the Worst in Europe

Nordic — The Nordic duo, particularly Sweden, stand out in a negative sense as MSCI Real Assets details the European property market performance in Q1. Their latest report shows, among other things, that commercial real estate investment in Europe fell to an eleven-year low in the first quarter of this year, a run led by the office sector.

The Hottest and Coldest Property Segments in Norway

Norway Norway — Nordic Property News presents the hottest and coldest segments in Norwegian real estate for 2023, according to Colliers' latest outlook that was presented last week.

Obos' CEO: "You Have to Accelerate as Well"

Norway Norway — The Norwegian publication Boligproduserene recently published a top list of the nine players who started construction of the most homes in Norway in 2022. Obos ended up at the top. CEO Daniel Kjørberg Siraj tells Nordic Property News about the continued investments in Norway and why parts of the Swedish operation have had to notify more employees of lay offs than the Norwegian one recently.

Colliers Predicts a Tough 2023 – This Is When Fortunes Can Turn Around

Nordic — The consulting and advisory giant Colliers sees a challenging 2023 ahead with a continued pending transaction market, turbulent financing market and unclear outlook for interest rates and inflation. But there is light further down the tunnel, that's what head analyst Mikael Söderlundh and CEO Bård Bjølgerud said during a digital presentation that was held on Wednesday. Nordic Property News gives you more details.

Parakey Continues to Grow Despite the Recession

Nordic — The other Monday it became clear that Kim and William Olsson from the Stena owner family, former ice hockey player and Olympic gold medalist Mikael Samuelsson, and Henrik Garvner from Signup Software joined as investors. Together raising an investment of 28 million sek in the mobile access system company Parakey. Several existing owners – including Tham Invest, Green Group, Vätterleden Ventures and Bassholmen AB – defended their holdings. According to CEO and co-founder Jonas Arvidsson, the company is in a position where they can grow even more in the wake of the recession.

Why the Nordic Investment Boom Continues

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investment trends in the Nordics and explains why there is a shifting from the commercial to the residential sector and what can become an obstacle for investors in the future.

The Nordic Country That Attracts Least International Investors

Nordic — Mikael Söderlundh, Head of Research and Partner at Pangea, speaks of a vast international interest – but that one market is falling behind. Here are the reasons.

“That Year was a Sad Story”

Nordic — 2018 was another great year for Bonava. Three stabile markets in the Nordic Region and now they are bouncing back in Finland after an earlier EBIT struggle.

Skanska Invests About €38 M in Residential Development Property in Oslo

Norway Norway — Skanska has bought the development property Sinsenveien 51-53 of Axer Eiendom AS. The net investment for residential purpose amounts to about SEK 360M, and will be recorded by Skanska Norway in the third quarter 2016.

Midgard Group Divests Downtown Property

Norway Norway — Midgard Group has purchased a lot lately. Now they are selling a central property in Bergen.

Entra Signed 25 Years Lease Contract in Oslo

Norway Norway — Entra and the University of Oslo has signed a lease for 20,000 sqm in the planned 21,000 sqm new-build at Tullinkvartalet in Oslo.

Technopolis Buys 30 Percent Stake in its Oslo Campus

Norway Norway — Technopolis has acquired the 30 percent stake in its Fornebu campus in Oslo from one of its minority shareholders, Koksa Eiendom AS (former IT Fornebu Properties AS), for approximately NOK 238 million (approximately EUR 25.5 million).

Aberdeen Purchases Retail Property on Mortensrud

Norway Norway — Aberden has on behalf of the Nordic property fund AP Nordic Investment purchased Mortensrud Square in Oslo. The seller is Mortensrud Eiendom AS and NG Eiendom Øst AS.

Entra in Billion Deal in Oslo

Norway Norway — Entra has signed an agreement to buy three high quality office properties at Skøyen in Oslo from Norwegian Property ASA for approximately €269 M (NOK 2.5 bn).

Invests €38 M on Gardermoen

Norway Norway — In February 2017 KLP Eiendom starts a comprehensive development of Quality Airport Hotel Gardermoen, together with Nordic Choice Hotels.

Urban Transformation Plan for Vestby in Oslo

Norway Norway — C.F. Møller-led team with JaJa architects and TØI (Institute of Transport Economics) has finalized a new urban centre masterplan for the Norwegian municipality of Vestby.

Three Major Lease Contracts Signed For Langkaia 1 in Oslo

Norway Norway — Entra has signed new leases for the property Langkaia 1 (Havnelageret) in Oslo.

Entra Signs Leasing Contrakt in Oslo

Norway Norway — Entra Signs Lease Contract With the Oslo Municipality Education Authority.

Entra Signs Leasing Contract in Oslo

Norway Norway — Entra Signs Lease Contract With the Oslo Municipality Education Authority.

DNB: Believe That Foreigners Will Turn Their Back on Norway

Norway Norway — “We believe that the international part of the Norwegian transaction market will be considerably lower in 2016 compared to 2015” says DNB Markets’ analysis, Simen Mortensen.

Purchases Properties for 200 Million Annually

Norway Norway — The state enterprise Siva invests approximately 200 million annually in commercial properties and today they have a portfolio of 600,000 sqm. The investment will contribute to the development of new industries and companies in need of constructing.